J.B. Hunt Transport Services (JBHT) Scheduled to Post Earnings on Tuesday

J.B. Hunt Transport Services (NASDAQ:JBHT) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, October 15th. Analysts expect the company to announce earnings of $1.47 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings results on Tuesday, July 16th. The transportation company reported $1.32 EPS for the quarter, missing the consensus estimate of $1.51 by ($0.19). The business had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $3.02 billion. J.B. Hunt Transport Services had a return on equity of 14.77% and a net margin of 4.90%. The business’s quarterly revenue was down 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.81 earnings per share. On average, analysts expect J.B. Hunt Transport Services to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

J.B. Hunt Transport Services Stock Performance

Shares of NASDAQ JBHT opened at $164.22 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.36. The business’s 50 day moving average is $169.62 and its two-hundred day moving average is $168.80. The company has a market cap of $16.95 billion, a P/E ratio of 26.07, a P/E/G ratio of 2.86 and a beta of 1.15. J.B. Hunt Transport Services has a 12 month low of $153.12 and a 12 month high of $219.51.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 2nd were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.05%. The ex-dividend date was Friday, August 2nd. J.B. Hunt Transport Services’s dividend payout ratio is currently 27.30%.

Analyst Ratings Changes

JBHT has been the topic of several recent research reports. JPMorgan Chase & Co. decreased their price objective on J.B. Hunt Transport Services from $204.00 to $184.00 and set an “overweight” rating on the stock in a report on Tuesday, July 9th. Barclays decreased their price objective on J.B. Hunt Transport Services from $170.00 to $160.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 17th. Susquehanna lifted their price objective on J.B. Hunt Transport Services from $145.00 to $160.00 and gave the stock a “neutral” rating in a report on Thursday, September 26th. Loop Capital decreased their price objective on J.B. Hunt Transport Services from $177.00 to $173.00 and set a “hold” rating on the stock in a report on Thursday, July 18th. Finally, Evercore ISI decreased their price objective on J.B. Hunt Transport Services from $185.00 to $183.00 and set an “outperform” rating on the stock in a report on Thursday, October 3rd. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $182.06.

Insider Buying and Selling at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, Director Persio V. Lisboa acquired 600 shares of the business’s stock in a transaction on Friday, July 19th. The stock was purchased at an average price of $163.47 per share, for a total transaction of $98,082.00. Following the transaction, the director now owns 3,594 shares in the company, valued at $587,511.18. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other J.B. Hunt Transport Services news, Director Persio V. Lisboa acquired 600 shares of the business’s stock in a transaction on Friday, July 19th. The stock was purchased at an average price of $163.47 per share, for a total transaction of $98,082.00. Following the transaction, the director now owns 3,594 shares in the company, valued at $587,511.18. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Darren P. Field sold 3,000 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $175.03, for a total value of $525,090.00. Following the sale, the executive vice president now owns 14,150 shares of the company’s stock, valued at approximately $2,476,674.50. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.10% of the company’s stock.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.